User guide

“Nonrestrictive” Qualifying L/A & Actual Ratios
The amount calculated in the previous
example is the lower, or “restrictive,”
ratio. What does the other “nonrestric-
tive” qualifying ratio calculate to and
which side is it based on (i.e., buyer’s
income or debt)? What are the buyer’s
actual income and debt ratios?
Steps/Keystrokes Display
1. Find nonrestrictive loan amount:
[Qual 1] “run” – 226,921.30 INC
2. Find actual ratios:
[Qual 1] “run” 22.76-36.00
Note: The “INC” legend tells you that the
nonrestrictive side was based on the Income
Ratios; therefore, the restrictive side was
based on debts.
— DO NOT CLEAR THE CALCULATOR —
User’s Guide — 51